Answer:
Savings, Investments
Certificate of deposit Mutual fund
Account Money Market
Gold
Explanation:
Savings is the term used to describe the proportion of ones income not spent or kept for spending at a much later date;
Saving methods includes saving money in deposit accounts, pension savings, and cash savings as well as reducing expenditures
Savings differs from investment in the sense that investments involves more risks than savings
Mutual fund
Mutual fund is a financial resource type involving the bringing together of funds gathered from several investors for investment
Money market
The money market involves buying and selling debt investments that are short terms
Gold
Gold investment is a way of diversifying risk through futures and derivatives and futures contracts
Certificate Deposit
Certificate deposit is a fixed term deposit form of savings that provides an interest on the deposit
Account
Savings and current account are meant for saving funds
Answer:
d. by increasing their customer knowledge and leveraging that information to improve customer experience
Explanation:
Consumers are at the heart of all businesses as they are the ones who our product are targeted. They purchase these goods and the company makes profit. Therefore, it is paramount for businesses to identify their target consumers in other to understand their preference and serve them accordingly. With data analytics, a consumers purchase history, likes and viewed products may be used to improve relationship between consumers and service providers. Once a consumer's preference is anlysed using data, then this is leveraged to improve the kind of service offered to such consumer leasing to better consumer experience.
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